Steelcase Posts 1Q Profit
Grand Rapids, MI, June 20—Steelcase, Inc. posted a quarterly profit after a year-earlier loss, helped by recovering demand for office furniture in the United States.
Today's Flooring News
Keep up to date with the most recent news in the flooring industry. Today's News...As it happens! We update this news several times a day so you can stay connected.
Home Depot Shares in Holding Pattern
Home Depot stock was a raging bull in the 1990s as the company grew into the planet's largest home improvement chain. A share bought for less than $2 in early 1990 was worth almost $70 by decade's end.
Sears Essentials Stores Pair Retailers
Palatine, IL, June 20-- What do you get when you cross Sears with Kmart and add convenience items?
Leading Indicators Decline
New York, NY, June 20--The Conference Board reports today that the Composite Index of Leading Economic Indicators declined 0.5% in May, following no change in April, and a 0.6% decline in March.
StonePeak Ceramics Names Two Regional Sales Manage
Chicago, IL, June 17--StonePeak Ceramics Inc. hired Drew Giungo and Doug Snell as regional sales managers in the Northeast and Southeast regions, respectively.
Iranian Claims Pakistani Weavers Imitating Persian
London, England, June 17--An expert on carpet affairs said that Pakistan has taken full advantage of poor state support for the industry in Iran to imitate the designs of Persian carpets and export them to international markets.
Current Account Gap Widens
Washington, DC, June 17--The current account deficit continued its steady march upward in the first quarter, the Commerce Department reported Friday.
MoldWash USA Intros Mold Fighting Carpet Product
Los Angeles, CA, June 17--To combat mildew and mold, MoldWash USA introduced the powerful product MoldWash Household less than one year ago.
Zickgraf Buys Thomson Oak Flooring Name, Assets
Franklin, NC June 17--Zickgraf Hardwood Flooring Company has purchased The Thomson Oak Flooring brand name and certain assets from Thomson Oak Flooring Company Inc.
Consumer Sentiment Up In June
Ann Arbor, MI, June 17--Consumer sentiment improved in June, according to the University of Michigan consumer sentiment index. The gauge rose to 94.8 from 86.9 in May.